There are newer homes in Sunriver and older homes but the majority of homes in Sunriver were built between the late 70’s and early 2000’s. Many Sunriver homes for sale are in need of a renovation or at least a update. Some Sunriver homes have been completely updated, while some have not been changed at all since they were built.

Well maintained, nicely remodeled Sunriver homes sell for a premium within the Sunriver real estate market. Desirable locations, square footage/bedroom/bath additions, updated hard surfaces, sturdy clean furniture packages, fashionable décor, good lighting, improved insulation, kitchen redesigns, new windows etc… are all common attributes amongst homes that sell on the higher side of average. Typically, a seller should never expect to recoup every dollar spent on a remodel, renovation, or update however, the Sunriver real estate market flips that way of thinking on its head! There is anywhere from a $10-$60 jump in price per square foot for homes that have been updated in comparison to homes that have not been updated and/or well maintained. For a 1,800 square foot Sunriver home there could be approximately a 110,000k difference in value for a home that is updated or not. Wow! Historically, this has not always been true within Sunriver and the dynamic will probably not last forever. I believe the housing collapse helped to create this very uncommon real estate market dynamic. Think about taking advantage while it lasts…

Renovations, remodels and updates will undoubtedly affect value. The function, appeal and quality of a renovation could swing a buyer’s preference for the home.

A well thought out design (attention to functionality, style, scale and materials) often adds the most value to the renovation.